Pendle Weekly Report: 5th Anniversary Review and Monad Launch, Ecosystem Yield Market and Protocol Revenue Continue to Expand

BlockBeats News, June 22, Pendle released its weekly review, focused on the protocol anniversary, cross-chain expansion, growth of yield products, and ongoing ecosystem collaboration. Key highlights are as follows:

· Pendle celebrates its 5th anniversary. Transitioning from the early experimental version V1 to V2, it has become the world’s largest yield trading platform. The team reviewed the evolution over five years and stated that future expansion of yield infrastructure capabilities will continue.

· Pendle officially launches on the Monad ecosystem, opening two initial AUSD yield pools (Agora AUSD and Upshift earnAUSD), with up to $100,000 weekly incentives, further expanding liquidity markets on new chains.

· Pendle Intern released 10 bullish reasons, including enhanced institutional adoption (such as inclusion on multiple institutional watchlists), continued RWA growth, Monad ecosystem expansion, anticipated CLARITY Act boosting DeFi usage, strengthened buyback mechanism, optimized deflationary model, as well as the narrative of AI agent financial infrastructure.

· Sky Money’s fixed yield TVL surpassed $51 million. Current fixed yield products built on Pendle offer around 5.15% APY, further strengthening large-scale application of yield assets.

· Aave and Pendle continue to deepen integration: Aave V3 has launched PT-sUSDe (Plasma chain); the proposal for launching PT-srUSDe has passed and is pending execution; meanwhile, PT-USDG is also advancing in the Aave V4 ecosystem.

· On-chain data platform DeFiLlama shows Pendle ranks among the top for protocol revenue growth over the past 7 days, reflecting ongoing increases in yield trading and fixed yield demand.

· Boros launches a new limit order incentive mechanism: market makers can receive a 20% share of taker fees, combined with the original incentive system to enhance order book depth and capital efficiency, optimizing liquidity structure in the funding rate market.